Chilton Investment Company, Richard Chilton’s hedge fund, was established in 1992. The goal of the hedge fund is to give its clients certain returns. The hedge fund had a 13.66 percent loss in 2016 but recovered to generate a return of 12.18 percent the following year. As of Q1 2022, the value of Richard Chilton’s 13F portfolio was approximately 4.1 billion, down from $4.7 billion the previous quarter. Using a bottom-up strategy to his investing, the millionaire invests in low-volatility stocks. During the first quarter of 2022, Chilton Investment Company boosted its stake in Alphabet Inc. by 1344 percent, going from 2,269 shares to 32,749 shares. Apple Inc. is the subject of a $7.9 million hedge fund investment.
Insider Monkey highlighted 10 important stocks in billionaire Richard Chilton’s latest portfolio. One of the top IT firms that specialize in the creation of software solutions is Broadcom Inc. In Q2 2020, Chilton Investment Company purchased its first shares in the business. The company’s products serve important markets such as industrial software infrastructure, data centers, and the internet. A worldwide corporation with a focus on the creation of precise and analytical instruments is Mettler-Toledo International Inc. It is the biggest producer of weighing instruments for use in industry, science, and retail food. Mastercard Incorporated reported solid results for the first quarter of 2022, with earnings and revenue exceeding market projections. Currently, the billionaire has approximately $145 million invested in the business. Regarding the long-term prospects of the stock, analysts are still optimistic. A Massachusetts-based company called Thermo Fisher Scientific Inc. produces technologically advanced scientific instruments, laboratory supplies, and pharmaceutical services. The business has annual sales of more than $40 billion and dominates the research, healthcare, industrial, and applied markets. Peter Supino of Wolfe Research downgraded Comcast Corporation. The analyst also reduced the stock’s price target from $63 to $50. The predictions for advertising and broadband for 2023, according to Supino, carry a bigger risk. For more details, click 10 Important Stocks In Billionaire Richard Chilton’s Latest Portfolio.
